Weir Group (WEIGF) Receives Average Recommendation of “Buy” from Brokerages
Shares of Weir Group (OTCMKTS:WEIGF) have earned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company.
A number of equities research analysts have issued reports on WEIGF shares. Canaccord Genuity raised Weir Group from a “hold” rating to a “buy” rating in a research report on Tuesday, September 5th. Morgan Stanley reissued an “equal weight” rating on shares of Weir Group in a research report on Wednesday, July 19th. Finally, Royal Bank Of Canada upgraded Weir Group from a “sector perform” rating to an “outperform” rating in a research note on Tuesday.
Shares of Weir Group (OTCMKTS:WEIGF) traded up 5.74% during trading on Tuesday, reaching $24.85. The company has a market cap of $5.41 billion and a P/E ratio of 60.91. Weir Group has a 52 week low of $20.82 and a 52 week high of $25.35. The company has a 50 day moving average price of $24.39 and a 200 day moving average price of $23.88.
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About Weir Group
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